Japanese exports to China fell for the 11th consecutive month ...Middle East

Japanese trade data and machine orders are mixed. USD/JPY is unmoved upon the release though.A Japanese official noted that the country's exports to China fell for the 11th consecutive month.Core machinery orders data is a highly volatile series used as a leading indicator of capital spending in the coming six to nine months.The m/m rise above expectations is encouraging, but as noted, it's a volatile series. This article was written by Eamonn Sheridan at www.forexlive.com.

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